COVID-19 and Biden’s Gambit: The Opportunity for Diplomacy with Iran

COVID-19 has proven much more than just a pandemic of biological proportions. The virus has shone a spotlight on the cracks both within and between countries globally. Nowhere is this situation more urgent than in the U.S.’ relationships with its embargoed nations, most notably Iran. Due to the current sanctions imposed on  Iran by the […]

OFAC Updates: General License N Issued for Iran in response to COVID-19

On June 17, 2021, the US Department of Treasury’s Office of Foreign Assets Control (“OFAC“) issued General License N (“GL N“) authorizing certain COVID-19 related transactions and activities through June 16, 2022, involving Iran. The recent authorization from OFAC is an effort to “further aid the global fight against COVID-19” according to its press release. […]

COVID-19 Global Updates

On April 18th, Iran, began to formally open up “low-risk economic activities,” including major shopping centers such as the Grand Bazaar. Despite concerns that this will increase infection rates in the country, the decision was made to stimulate the economy. Iran already suffered a 20 percent youth unemployment rate prior to the outbreak and a reported […]

Shabnam Rezaei: Educating Children Responsibly through Inclusive Entertainment

This month, the Iranian-American Chamber of Commerce spoke with Shabnam Rezaei, co-founder of Big Bad Boo Studios, a children’s production company, and Oznoz, a subscription video on demand (SVOD) platform which features over 200 cartoon shows in 10 different languages, including many quality shows in Persian for Iranian-American families. Inspired by her Iranian heritage and […]

Did You Know? Spotlight on Iranian-American Student Organizations: Emory University

Iranian-American organizations at universities across the country flourish because of the young generation’s commitment and dedication to their heritage and communities. These communities are often started from the ground-up and require hard work and a strong love for Iranian culture. This can be seen no better than at Emory University in Atlanta, Georgia through their […]

OFAC Issues Fact Sheet Related to COVID-19 and Sanctions Programs

On April 16, 2020, the Office of Foreign Assets Control (OFAC) issued a Fact Sheet ​highlighting the most relevant exemptions, exceptions, and authorizations for humanitarian assistance and trade under the Iran, Venezuela, North Korea, Syria, Cuba, and Ukraine/Russia-related​ sanctions programs. The Fact Sheet outlines specific guidance for OFAC-administered sanctions programs related to personal protective equipment […]

First Shipments Made Under Europe’s INSTEX Mechanism

In a joint statement at the end of January 2019, the foreign ministers of France, Germany and the United Kingdom (known as the “E3”) announced the creation of the Instrument in Support of Trade Exchanges (INSTEX), in an effort to preserve the JCPOA. INSTEX is a special purpose vehicle aimed at facilitating non-dollar trade between […]

The Civilian Aircraft Exemption

The Civilian Aircraft Exemption: The Economic Benefits of Commercial Diplomacy Mohsen Farshneshani Legal Fellow, USIRCC April 26, 2018 In the Summer of 2015, history was made when world powers – the United States, United Kingdom, Germany, France, China and Russia ? collectively signed the Joint Comprehensive Plan of Action (“JCPOA”) with Iran. The agreement aims […]

The Use of Confidentiality Advisers Under the Permanent Court of Arbitration’s “Optional Rules for Arbitration of Disputes Relating to Outer Space Activities”*

On December 6, 2011, the Permanent Court of Arbitration (PCA) of the International Chamber of Commerce (ICC) issued its “Optional Rules for Arbitration of Disputes Relating to Outer Space Activities” (the Optional Rules).  In large part, the Optional Rules are modeled on the United Nations Commission on International Trade Law (UNCITRAL) Arbitration Rules[i] developed in […]